Rate Cuts 2024 South Africa 2024

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Rate Cuts 2024 South Africa 2024. The latest drop in inflation has given the south african reserve bank (sarb) more space to cut interest rates. Altogether, we forecast inflation to average 4.8% in 2024, 4.3% in 2025 and 4.4% in 2026,โ€ the bank said in a note.


Rate Cuts 2024 South Africa 2024

Following the 25 basis point cut to interest rates in september, economists anticipate another 125bp in cuts to land by the end of march 2026. South african reserve bank governor (sarb) lesetja kganyago said south africa would only see interest rate cuts when inflation has sustainably come down to the mid.

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